News

Nato general: Turkey may face fallout if it acquires Russian S-400 air defence

bne IntelliNews October 27, 2017

Head of defence alliance’s military committee refers to unspecified "necessary consequences" if Ankara goes ahead with purchase of hardware incompatible with systems used by Western allies.

Kazakhs re-investigate death of Ablyazov-tied top banker after “hit job” confession

Nizom Khodjayev in Tashkent October 27, 2017

Businessman who stated death resulted from a hunting trip accident now says fugitive banker ordered the killing, but his wife alleges the claim was extracted under duress.

Agrokor scandal threatens Croatian government

bne IntelliNews October 27, 2017

Opposition Social Democrats are reportedly planning a no-confidence vote against PM Plenkovic's government after details of Agrokor loan agreement are leaked to the press.

Czech election winner Ano meets far right prior to coalition talks starting in earnest

bne IntelliNews October 26, 2017

PM in waiting Babis must deal with voices that have helped make highly eurosceptic Czechia favourite to be next to vote to exit EU.

Turkish central bank keeps policy rates on hold as lira sinks amid tensions with Germany, US

bne IntelliNews October 26, 2017

As widely expected, Turkey’s central bank kept policy rates on hold, while the lira fluctuated amid developments in diplomatic spats.

Ruling party officials indicate Serbia could be heading for early elections

bne IntelliNews October 26, 2017

Speculation growing in Serbia that yet another snap general election could be called to coincide with upcoming elections in Belgrade.

Ukraine's DTEK starts gas coal deliveries from US

bne IntelliNews October 26, 2017

DTEK has been forced to generate more electricity from power plants that run on gas coal following the blockade on deliveries of anthracite from the rebel-controlled Donbas region.

MEPs and Berlin squeeze Turkey’s financing on two fronts

bne IntelliNews October 26, 2017

Proposal to cut Turkey’s EU pre-accession funds advances, while report claims German success in tightening financing available from KfW, EIB and EBRD.

Uzbekistan hopes for return of Turkish investors as Mirziyoyev, Erdogan meeting underscores repaired relations

bne IntelliNews October 26, 2017

Businesses forced out of Central Asian republic under rule of late autocrat Karimov returning as Mirziyoyev’s reputation as a reformist grows.

Bulgarian prosecutors show dismal record in fight against high-level corruption

Denitsa Koseva in Sofia October 26, 2017

Just 26 high-level corruption cases are revealed to have been filed since January 2015 – less than 2% of all charges raised by the prosecution in that period.

Hungarian government forced to release information on sports sponsorship programme

Levente Szilagyi in Budapest October 25, 2017

Corporations have directed a robust €1.3bn to sporting associations since 2011 and the football academy in PM Viktor Orban’s home village is the top beneficiary of the programme.

Bulgarian court finds Deputy PM Simeonov guilty of hate speech

bne IntelliNews October 25, 2017

Simeonov has been ordered to stop using hate speech as demands are made for his resignation

Ukraine refuses to provide refugee status to Saakashvili, accusing him of plotting coup

bne IntelliNews October 25, 2017

Georgian president and ex-governor of the Odesa region Mikheil Saakashvili has not been granted refugee status by Ukraine's State Migration Service

US diplomat tells Serbia to “pick a chair”

bne IntelliNews October 25, 2017

Hackles raised as diplomat uses old Serbian proverb to imply Belgrade must abandon balancing act and choose between EU and Russia.

Hungary's central bank hints at more easing to come

bne IntelliNews October 25, 2017

MNB keeps its key interest rate on hold leaving the door open for further monetary easing, which will hinge on the outcome of the ECB meeting on October 26.

EBRD approves first Uzbek projects since 2007, plans to open Uzbek office in November

bne IntelliNews October 25, 2017

Development bank back in Uzbekistan with financing as President Mirziyoyev continues with reforms deemed attractive to investors and required for an economic upsurge.

Move against “social dumping” of Eastern European workers may feed anti-EU feelings, warns Czech minister

bne IntelliNews October 25, 2017

Michaela Marksova spoke out after EU ministers gathered in Luxembourg dealt with French concerns over “posted” cheap foreign labour, agreeing to substantially tighten rules on migrant workers.

Moldova's new defence minister sworn in

Carmen Simion in Bucharest October 25, 2017

Eugen Sturza takes office amid rising conflict between pro-Russian President Igor Dodon, who is temporary suspended, and the pro-EU government.

Ukrainian court rules to return Ukrtelecom to state ownership

bne IntelliNews October 24, 2017

Kyiv Economic Court ruled to cancel the sale of a 92.8% stake in Ukrtelecom which is now controlled by oligarch Rinat Akhmetov, but analysts believe there is a good chance of winning an appeal against the ruling.

Babis faces struggle to assemble coalition despite runaway election win

bne IntelliNews October 24, 2017

bne IntelliNews looks at the billionaire populist's options for forming a government after his Ano party's victory in the Czech general election.

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